Business news
- Financial fraud cost older adults up to $81.5 billion in 2024, FTC estimates — more are losing at least $100,000 - From 2020 to 2024, the 60-plus age group's reported losses have jumped 300% to $2.4 billion from $600 million, according to the Federal Trade Commission.
- Hannah Rothschild on privilege, duty and shaping a centuries-old family legacy - Dame Hannah Rothschild reflected on privilege, duty, and the shaping of a modern philanthropic dynasty at a private banking event in Singapore.
- Epstein photos: Trump, Clinton, Bill Gates, Steve Bannon, others in newly released files - Democrats on the House Oversight Committee released the photos to pressure the Trump administration to release files about Jeffrey Epstein.
- Trump says Kevin Warsh is at top of Fed chair candidate list, president should be consulted on rates - MarketsTrump says Kevin Warsh is at top of Fed chair candidate list, president should be consulted on ratesPublished Fri, Dec 12 20253:52 PM ESTUpdated 4 Min Ag
- Oracle says there have been 'no delays' in OpenAI arrangement after stock slide - Oracle pushed back against a report that said the company will complete data centers for OpenAI, one of its major customers, in 2028, rather than 2027.
- Trump sued by preservation group seeking to halt White House ballroom construction - The lawsuit argues that President Trump was legally required to get federal approvals before demolishing the historic East Wing of the White House.
- Broadcom tumbles 11% despite blockbuster earnings as 'AI angst' weighs on Oracle, Nvidia - Even with better-than-expected earnings and revenue, Broadcom slid on Friday as investors continued to grow concerned about the AI trade.
- Red hot Texas is getting so many data center requests that experts see a bubble - Cheap land and and cheap energy are helping to fuel a boom in proposals to build data centers in Texas.
- Homeowners are losing thousands in equity thanks to weakening prices - Weaker prices mean homeowners are starting to lose equity after several years of huge gains.
- Fed's Goolsbee explains vote against rate cut, says central bank should have waited - Chicago Federal Reserve President Austan Goolsbee spoke Friday morning on CNBC.